Personal Finance Daily: Generation X: Poor, ignored and jaded

By Priya Anand, MarketWatch

Hello, MarketWatchers

Ignore the ‘next big thing’

Exchange-traded funds are built to trade like stocks, trading minute-by-minute instead of being priced at the end of the day. Tough to follow? You bet.

Seeing (and paying) double

The Transportation Security Administration will more than double the mandatory fees flyers pay to $ 5.60 for each leg of a flight.

Toying with emotions

Facebook revealed last week that it manipulated nearly 700,000 users’ newsfeeds to test whether certain stories could influence peoples’ status updates positively or negatively. People were outraged, but experts say you’ve been someone else’s lab rat for a while.

Generation X: Poor, ignored and jaded.

Generation X’s assets were double its debts in 2010, according to the Pew Charitable Trusts. The Silent Generation’s asset levels? Twenty-seven times higher than debts.

How to protect your assets from lawsuits

Some safe havens include retirement accounts, umbrella liability insurance and real estate in certain markets.

The true villain

Former New York City Mayor Michael Bloomberg’s soda crusade ignored artificially sweetened diet drinks, which studies have shown to correlate with double the incidences of obesity and increased fat storage.

Theater audiences are getting more annoying

“Going inside a theater is like going to Macy’s basement,” one producer says.


S&P 500 records biggest second-quarter advance since 2009

The index also recorded a fifth consecutive month of gains. It’s on pace to beat its historical average by a wide margin this year. We also outline the strongest and weakest sectors.

7 reasons to love Google’s stock again

Two hints: The tech giant’s shares have bounced back since its disappointing first-quarter earnings, and it’s dominating smartphone shipments.

Why Halliburton shares are riding so high

The company’s stock has risen more than five times than the S&P 500 this year to within a dollar of a record high.

‘Doughnut bellies’ protect an unarmed economist from Brooklyn

Janet Yellen’s neighbors complain about fast food, fuel spills and the blue uniforms the Federal Reserve chairwoman’s guards wear.

Take it all back

General Motors Co. on Monday unveiled new safety recalls in the U.S. affecting 7.55 million more vehicles from the 1997 to 2014 model years. That’s on top of the previous 20 million cars.

Supreme Court on contraception coverage, unionization

The high court dealt liberals two blows today, deciding that closely held corporations with sincere religious convictions don’t have to offer coverage for certain forms of contraception. Home health workers in Illinois are not required to pay union dues if they do not want to be members of the union that bargains with the state on behalf of all workers.

Life after work

On vision statements, downsizing, meditation and hobbies.

Too little, too much or just right?

Your nest egg needs to generate a steady paycheck for, say, 20 or 30 years. Periodic rebalancing is one of several tools that can help match your savings to expenses, but what does “periodic” even mean?

Priya Anand is MarketWatch’s consumer fraud reporter. She is based in New York. You can follow Priya on Twitter @PriyaIdeas. – Top Stories

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